Hey guys, on the daily chart there's a double bottom which is a reversal pattern. I'm long on this pair my target being the previous H4 highs. Happy trading.
EURCAD has taken good support from the rising trendline and is expected to continue this momentum and bulls will push the price to new highs. Trade your levels accordingly.
it can go higher again risk 2% a weak diamond pattern is here and trend line is broken
My perspective on this pair is going to be the opposite of the majority in the market as my research reveals that the big wigs are doubling down their position against the new week. Technically, with the strong support @ C$1.415 area; I foresee a short term gain for the Euro which might be a retracement of the overall bearish momentum or a possible move for an...
EURCAD is trending and taking support from bullish trendline. We are expecting a bounce from here and targets can be put for upside. Trade your levels accordingly.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4277). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURCAD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.4277). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURCAD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
long set up at play buy the breakout of the up band of the channel
Hey traders, here is the analysis for the EURCAD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Weekly Forex Forecast | Look for BUY Setups * This is only for educational purposes*
EURCAD has completed corrective wave 4, and if the price breaks the parallel channel C, it may make a new low, which should be impulsive sub-wave 5 of wave (5). If price breaks down channel C, the following targets for Wave 5 will be 1.4313 - 1.42520 - 1.41652- 1.41156 . After making wave (5), if the price breaks the B channel, it can go for 1.4645 and start...
EURCAD is trading in a bearish parallel channel. It has taken support from base trendline and bulls took control from there. We are expecting bulls further push the price upside. Trade your levels accordingly.
This is my idea on EURCAD Expecting price to rise to 1.46560 What do you guys think?
eurcad seems to settling to make a move up towards the 1.45 level, target is conservative as its still bearish but i think its a good price region to look for buys
EUR/CAD - Nice daily bat completion, price at the D point spiking nicely into the s/d zone before reversing and breaking structure on the lower timeframes and momentum. I'm expecting a slight pullback then bullish PA. The weekly trend is bullish and price is currently sitting in the .886 of the zone. Let me know your thoughts! ** Disclaimer *** These ideas...
Since November, EurCad is trading in a range, with a low of around 1.42 and a high above 1.4550. Yesterday the pair visited the lower boundary of the range and reversed (Pin Bar on Daily chart) At this moment there is a high probability of continuation to the upside and traders can look to buy dips under 1.43 with a target at 1.45 A daily close under 1.42 negates...
EURCAD has been in presure making lower highs and lower lows but in yesterday's session, it has given a breakout above trendline. We are expecting bulls to take charge from here and push price to further highs
A nice long signal for EURCAD. It is 1:1 risk reward ratio with potential riding the Uptrend. Best of Luck